Holding(s) in Company

+------------------------------------------------------------------------------+
|TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)                             |
+----------------------------------------------+-------------------------------+
                                               |
+----------------------------------------------+-------------------------------+
|1. Identity of the issuer or the underlying   |Blavod Wines & Spirits PLC     |
|issuer                                        |                               |
|of existing shares to which voting rights are |                               |
|attached:(ii)                                 |                               |
+----------------------------------------------+-------------------------------+
|2 Reason for the notification (please tick the appropriate box or boxes):     |
+----------------------------------------------------------------------+-------+
|An acquisition or disposal of voting rights                           |   X   |
+----------------------------------------------------------------------+-------+
|An acquisition or disposal of qualifying financial instruments which  |       |
|may result in the acquisition of shares already issued to which voting|       |
|rights are attached                                                   |       |
+----------------------------------------------------------------------+-------+
|An acquisition or disposal of instruments with similar economic effect|       |
|to qualifying financial instruments                                   |       |
+----------------------------------------------------------------------+-------+
|An event changing the breakdown of voting rights                      |       |
+-----------------------+----------------------------------------------+-------+
|Other (please specify):|                                              |       |
+-----------------------+--------------+-------------------------------+-------+
|3. Full name of person(s) subject to  |                                       |
|the                                   |  SF T1ps Smaller Companies Growth Fund|
|notification obligation:(iii)         |                                       |
+--------------------------------------+---------------------------------------+
|4. Full name of shareholder(s)        |                                       |
| (if different from 3.):(iv)          |                                       |
+--------------------------------------+---------------------------------------+
|5. Date of the transaction and date on|                                       |
|which the threshold is crossed or     |                         3(rd) May 2011|
|reached:(v)                           |                                       |
+--------------------------------------+---------------------------------------+
|6. Date on which issuer notified:     |                         4(th) May 2011|
+--------------------------------------+---------------------------------------+
|7. Threshold(s) that is/are crossed or|                                    11%|
|reached:(vi, vii)                     |                                       |
+--------------------------------------+---------------------------------------+



+--------------------------------------------------------------------------------+
|8. Notified details:                                                            |
+--------------------------------------------------------------------------------+
|A: Voting rights attached to shares (viii, ix)                                  |
+----------+---------------------+-----------------------------------------------+
|Class/type|Situation previous   |Resulting situation after the triggering       |
|of        |to the triggering    |transaction                                    |
|shares    |transaction          |                                               |
|          +---------+-----------+------------+------------------+---------------+
|if        |Number   |Number     |Number      |Number of voting  |% of  voting   |
|possible  |of       |of         |of shares   |rights            |rights (x)     |
|using     |  ares   |Vo ing     +------------+---------+--------+------+--------+
|the ISIN  |         |Rights     |Direct      |Direct   |Indirect|Direct|Indirect|
|CODE      |         |           |            |(xi)     |(xii)   |      |        |
+----------+---------+-----------+------------+---------+--------+------+--------+
|          |9,299,000|9,299,000  |            |         |        |      |        |
+----------+         |           |9,774,000   |9,774,000|        |11.13 |        |
|          |         |           |            |         |        |      |        |
+----------+---------+-----------+------------+---------+--------+------+--------+

+--------------------------------------------------------------------------------+
|B: Qualifying Financial Instruments                                             |
+--------------------------------------------------------------------------------+
|Resulting situation after the triggering transaction                            |
+------------+----------+----------------------+-------------------+-------------+
|Type of     |Expiration|Exercise/             |Number of voting   |% of voting  |
|financial   |date(xiii)|Conversion Period(xiv)|rights that may be |rights       |
|instrument  |          |                      |acquired if the    |             |
|            |          |                      |instrument is      |             |
|            |          |                      |exercised/         |             |
|            |          |                      |converted.         |             |
+------------+----------+----------------------+-------------------+-------------+
|            |          |                      |                   |             |
+------------+----------+----------------------+-------------------+-------------+

+--------------------------------------------------------------------------------+
|C: Financial Instruments with similar economic effect to Qualifying Financial   |
|Instruments (xv, xvi)                                                           |
+--------------------------------------------------------------------------------+
|Resulting situation after the triggering transaction                            |
+-----------+--------+----------+-------------+-------------------+--------------+
|Type of    |Exercise|Expiration|Exercise/    |Number of voting   |% of voting   |
|financial  |price   |date      |Conversion   |rights instrument  |rights (xix,  |
|instrument |        |(xvii)    |period(xviii)|refers to          |xx)           |
|           |        |          |             |                   |              |
+-----------+--------+----------+-------------+-------------------+-------+------+
|           |        |          |             |                   |Nominal|Delta |
|           |        |          |             |                   +-------+------+
|           |        |          |             |                   |       |      |
+-----------+--------+----------+-------------+-------------------+-------+------+

+--------------------------------------------------------------------------------+
|Total (A+B+C)                                                                   |
+---------------------------------+----------------------------------------------+
|Number of voting rights          |Percentage of voting rights                   |
+---------------------------------+----------------------------------------------+
|9,774,000                        |11.13%                                        |
|                                 |                                              |
+---------------------------------+----------------------------------------------+



+--------------------------------------------------------------------------+
|9. Chain of controlled undertakings through which the voting rights and/or|
|the                                                                       |
|financial instruments are effectively held, if applicable:(xxi)           |
+--------------------------------------------------------------------------+
|                                                                          |
|                                                                          |
+--------------------------------------------------------------------------+

+--------------------------------------------------------------------------+
|Proxy Voting:                                                             |
+-------------------------------------------------+------------------------+
|10. Name of the proxy holder:                    |                        |
+-------------------------------------------------+------------------------+
|11. Number of voting rights proxy holder will    |                        |
|cease                                            |                        |
|to hold:                                         |                        |
+-------------------------------------------------+------------------------+
|12. Date on which proxy holder will cease to hold|                        |
|voting rights:                                   |                        |
+-------------------------------------------------+------------------------+

+-----------------------------+--------------------------------------------+
|                             |                                            |
|13. Additional information:  |                                            |
+-----------------------------+--------------------------------------------+
|14. Contact name:            |                                Nick Woolard|
+-----------------------------+--------------------------------------------+
|15. Contact telephone number:|                                01624 641305|
+-----------------------------+--------------------------------------------+






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Source: Blavod Wines & Spirits plc via Thomson Reuters ONE

[HUG#1512793]